Norfolk, VA · Charter 1289
Q1 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2013, the quarter ended March 31, 2013, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Norfolk, VA · Charter 1289
Q1 2013
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q2 2011 | Q3 2011 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -2.12% | -1.74% | -2.16% | 1.56% | -0.13% | -10.48% | -15.81% | 0.46% | -110 bps | |
| Return on Equity | -14.37% | -11.94% | -14.71% | 11.04% | -0.91% | -144.25% | -1633% | 42.66% | +3,162 bps | |
| Net Interest Margin | 6.07% | 6.18% | 6.54% | 7.14% | 5.98% | 2.80% | 3.35% | 3.93% | -321 bps | |
| Efficiency Ratio | 89.24% | 99.83% | 106.87% | 78.50% | 89.82% | 253% | 287% | 91.74% | +1,324 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.63% | -4.78% | -8.31% | -3.16% | -0.27% | -7.62% | -12.28% | -16.94% | -1,378 bps | |
| Loan Growth (YoY) | -24.81% | -16.47% | -7.25% | -1.22% | 7.79% | -6.77% | -13.65% | -25.90% | -2,468 bps | |
| Share Growth (YoY) | 3.58% | -0.51% | -7.59% | -0.50% | 1.27% | 0.40% | -0.93% | -4.27% | -377 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 2.29% | 1.57% | 2.31% | 3.27% | 2.53% | 3.03% | 5.67% | 0.25% | -302 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 2.42% | 1.89% | 1.48% | 1.42% | 1.42% | 1.33% | 6.76% | 1.98% | +55 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 14.72% | 14.61% | 14.72% | 14.14% | 13.83% | 7.27% | 0.97% | 1.07% | -1,307 bps | |
| Net Worth / Assets | 14.72% | 14.61% | 14.72% | 14.14% | 13.83% | 7.27% | 0.97% | 1.07% | -1,307 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 56.96% | 58.34% | 63.18% | 56.92% | 60.63% | 54.17% | 55.07% | 44.06% | -1,286 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |